Michael burry just shorted Tesla - RIP

This is true, but eventually intrinsic value shows its ugly face. This is pure speculative stock and total gamble especially at these prices.

I’m not buying at these prices but then I’m not selling either, prices are subjective people looking at $80 a share when it’s level is $40 a share will say the same who’s right who’s wrong?
Look at bitcoin where is the additional value? Yet its value keeps going up due to demand

Yeah that’s because we are in a pandemic it’s the same as gold. That will reverse. Commodities will be hot right now.

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So buy make the money and get out? Isn’t this what we are here for?
I buy and hold so I don’t buy crypto but I don’t see Tesla losing $500 billion in value and the subsequent losses all the investors will incur.
Tesla is a one-off maybe better than any other company out there right now (pure speculation) if it is the current value will be blown out of the water completely.
Alibaba is a great example of what a stock should do but doesn’t because the market doesn’t currently believe in it, Tesla is doing what is says it will all the time whilst making advancements in other areas with no real competition. They are setting up all the boundaries and smashing them down, this is not a typical company and as such shouldn’t be treated as one

I wonder if he is still short.

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If you’re still buying this good luck.

Anyone with a pension fund basically is. Buy pressure is big.

What is your price target what do you think this is going to hit? Seriously are you buying bitcoin as well? It’s a huge bubble.

What has changed compared pre-covid for Tesla to justify its astronomical increase? Battery day was pretty flat…

Probaby about $2T in the short term. Larger than thatby 2030. No I buy productive assets.

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So all other car manufacturers will be obsolete? Tesla will just have a monopoly over the auto industry that’s what you’re basically assuming at those prices and that’s including your software, battery, AI…that other companies compete in as well.

I’d rather have a Merc than a grandad looking Tesla.

One company I am interested in is Britishvolt, IPO this year I think. Assuming no stupid price like Airbnb from day one.

Not at all, it is assuming their energy business grows. That’s where the some of the big money is. Yes and Tesla’s ability to do SAAS, where others can’t.

In the words of Rob Mauer, show me another automaker that has a $10,000 software option.

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Maybe I don’t have enough experience with the market and excuse my stupid question but what should we treat this company as?

Even if Tesla is in a category of its own at one point the market will need to decide what value of this stock is. If it is in a category of its own do you believe this is a £1000 stock or a £1.000.000 stock? Or is it a blank cheque company at the price is just :rocket::rocket::rocket:?

Also want happens when all of the Giga factories start having the same issues as other factories in other industries such as Labour Unions demanding better pay for their workers (history tells us that this will cut in the profit of a company). Or they have problems with their suppliers? Is this still relevant in your opinion?

Disclaimer: I have owned Tesla stock until last week and for now have lost the optimism that the price will continue to skyrocket. I am happy with my actual profit vs holding on to a paper profit.

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My estimates say around Ā£7T in 2030. That’s around 20-25% per year growth. Not going to be a straight line but I don’t care. It will be worth nearly 10x what it is today on 10 years in my opinion.

Cavan that is huge. I mean none of us know injust think it’s a bubble but I’ve been wrong so far. Can’t see people rushing to buy Tesla’s post covid, maybe a used Peugeot or some Windows?

This is probably the hardest topic in the markets today and everyone has a drastically varied view.
I believe honestly that investors are buying Elon Musk and not Tesla itself even though Tesla has around 10 growth start up companies incorporated into it.

This is a hard one to put a price on because it should be a multi trillion dollar company but its not there yet, if you price some of that in then a share value of $2000 by 2022 is not hard to equate.

His businesses are excellent at disrupting sectors so he could effectively take over the world so to speak, if he does this is your only entry point right now. If he transfer all his companies into company ā€œXā€ we’re all laughing

It sounds huge, but if Apple Grows at 10% per year until 2030 it will be worth between 5-6T I believe. So it means they’re a bit bigger than Apple

Isn’t that like calling Apple a computer manufactuer. Or Amazon an online retailer? Sure they do these things, but neither of them derive the majority of their revenues from these activities anymore.

Looking into the future, Tesla will not be deriving the majority of it’s r̶e̶v̶e̶n̶u̶e̶ profit from the sale of cars. Don’t look back, only look forward.

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It’s also worth remembering that the ā€œbigā€ company owners are actually trying to keep up with Musk not the other way round why would they do that if he’s not a massive disruptor?

Time will tell. I don’t like speculative stocks, I’ll stick to value for now.

It just doesn’t make sense the share price does not align to reality, the potential is there but it doesn’t mean anything until it materialises.

Could be worse, you could be buying bitcoin.

One factor for me that proves irrational thinking is price drastically increasing from a stock split…No added value.

Cars were just a good way at bringing the revenue to expand their business as a whole. Their strategy is genius. Sell the the car, then sell then the solar to power the car, then sell them the power wall to hold this power, and sell them the software to make the car drive itself, and make them money if they wanted to. Develop a great battery/ power train that other companies might want to buy from you someday. The growth of the company is huge and limitless, there’s so much they can do but they’re only limited by time and manpower. They have the cash and they have the ideas, they just need time to execute.

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